FDK Corporation reported consolidated unaudited earnings results for the six months ended September 30, 2017. For the period, the company reported net sales of JPY 35,977 million against JPY 37,056 million a year ago. Operating profit was JPY 134 million against loss of JPY 376 million a year ago. Ordinary profit was JPY 4 million against ordinary loss of JPY 689 million a year ago. Loss attributable to owners of parent was JPY 175 million or JPY 0.63 per basic share against JPY 892 million or JPY 3.19 per basic share a year ago. Profit before income taxes was JPY 4 million against loss of JPY 689 million a year ago. Net cash from operating activities was JPY 1,432 million against net cash used in operating activities of JPY 344 million a year ago. Purchase of property, plant and equipment was JPY 1,214 million against JPY 973 million a year ago. Purchase of intangible assets was JPY 62 million against JPY 28 million a year ago.

The company provided consolidated earnings guidance for the fiscal year ending March 31, 2018. For the period, the company expects net sales of JPY 76,000 million, operating profit of JPY 1,400 million, ordinary profit of JPY 700 million and profit attributable to owners of parent of JPY 400 million or JPY 1.43 per share.